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Bitcoin: Bull Market Support Band

Benjamin Cowen · · 19:11 · Watch on YouTube

As of . Updated hourly as new videos are read.

BTC near publication: $91,5304-hour candle close · 5 Jan 2026, 00:00 UTC · BTC/USDT

On Bitcoin

Changed since their last video: weeks flipped down to up; cycle went from leaning down to expecting down.

Views

  • Next weeks (next 2–6 weeks): Leans up (timeframe is our reading): I think we are currently in like we're currently in this counter trend rally and I would be looking for a lower high. ▶ 14:15 Said again while their call of 9 Dec 2025 was open, so it counts once; that call was a draw: 90.4k when said, 90.2k on 8 Jan 2026 (−0.2%), under the 2.5% it takes to count.
  • Next months (next 2–6 months): Leans up: I do think there's a reasonable chance Bitcoin will test 100K um at some point in in in the coming months ▶ 11:55 Said again while their call of 7 Oct 2025 was open, so it counts once; that call was wrong: 121.8k when said, 74.1k on 4 Feb 2026 (−39.2%).
  • This cycle (next 6–18 months): Expects down: again, my expectation is that Bitcoin will test the 200week moving average. I would say by the summer or October 2026 at the latest would be how I expect this to play out. ▶ 13:13 Said again while their call of 6 Oct 2025 was open, so it counts once; that call was right: 123.5k when said, 85.8k on 6 Oct 2026 (−30.5%).

If this, then that

  • If multiple weekly closes above the 50-week moving average, then no target given (this cycle): If you get multiple weekly closes above the 50we moving average, then you could argue, okay, maybe there's something different. ▶ 10:16

Levels named

  • 99–102k: Resistance (bull market support band is usually an eventual target in bear markets): And right now the bull market support band ranges from around 99K to a little over 102K. ▶ 18:52
  • 100k: Resistance (50-week moving average is a moving target a little above 100K; expects a lower high there or at the support band): Now, right now, the 50week moving average is over 100K, but again, you have to remember it is a moving target. ▶ 11:38

Their own position: Not said.